HORIZON
Share

GANESH EXOTICA

P-IND-22-3513 · RERA Madhya Pradesh · https://gethorizon.in/projects/ganesh-exotica-juni-indore-olmktca4

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
GANESH EXOTICA
Units
24 flats
Unit mix
24 × Residential
Revised completion
15 Jan 2025extended after an approved RERA extension
Extensions
1 approved · Normalcompletion-date extension(s) granted by RERA
Quarterly reports
11 on file · latest Jan 2022 - Mar 2022quarterly progress certificates filed with RERA

Timeline

Project startedOct 2021
RERA registeredJul 2022
Proposed completionJul 2024
TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

24 units across 1 batch
TypeArea sq mCount
Residential24

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SONU DEVCON

Partnership Firm / LLPPromoter type
2Projects
1City
2018–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
60 homeson the public record across 2 projects
₹10.43 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from SONU DEVCON— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
V-7 SILLICON CITY
What’s nearby
SchoolsNearest school 1.7km away
HealthcareNearest hospital 2.4km away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 807 m · AH47Primary road 3.0 kmRailway line 2.3 km · Mhow IndoreRailway station 3.0km away (Rau)Limited bus connectivity nearby
Water & environment
Water body 2.5 km · Foota TalabRiver 2.5 km · Saraswati
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.04 Cr declared to build 24 flats. What that works out to:

₹25.15 Lakhdeclared cost per flatall-in — land + construction
15%of the cost is land

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹18,395per sq yd
₹22,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 134 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

SAPTASHRANGI NAGAR (NIHALPURMUNDI)₹17,600 / sq m₹14,716 / sq yd310 m
SILICON CITY SECTOR-A EXTENSION/ SILICON CITY SECTOR K AND T/ SILICON CITY SILICON TOWER SHIV KUTIR SHANKHESHVER TOWER SHIVAM TOWER(NIHANPUR MUNDI)₹35,000 / sq m₹29,264 / sq yd320 m
PULAK CITY NIHALPUR MUNDI/SHRI ARHAM HIGHTS (PULAK CITY)₹23,000 / sq m₹19,231 / sq yd360 m
basanti bihar(nihalpurrundi)₹10,600 / sq m₹8,863 / sq yd450 m
SILVER STAR CITY CROWN (NIHALPUR MUNDI)₹30,000 / sq m₹25,084 / sq yd580 m

The same schedule, published for the places around this one — so the figure above reads in its neighbourhood, not alone.

What this number is — and isn’t

  • The minimum value Madhya Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permit

The promised possession date (15 Jul 2024) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 tehsils
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

110 residential projects still under way within 25 km. Step out ring by ring:

Of the 109 projects the radar draws within 6 km — every kind, every stage — 18 are residential projects still under way. This list keeps only those, and looks further out.

12 projects between 1 and 3 km — showing the nearest 6.

IndoreApartment

SHRINATH RESIDENCY-I

VINOD PAL

May 2024registered
Sep 2026target completion
Declared cost₹3.15 CrScale8 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SHRINATH RESIDENCY II

MR. ARPIT JAIN

Sep 2024registered
Apr 2027target completion
Declared cost₹2.02 CrScale6 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

KANHA PARADISE

KESHARI DEVELOPERS

Jun 2025registered
Jan 2028target completion
Declared cost₹5.49 CrScale6 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SARAYU GREENS

MAN BUILDERS

Jul 2025registered
Feb 2028target completion
Declared cost₹9.17 CrScale28 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SHYAM KUNJ

MS. RADHAKRISHNA ENTERPRISES

Aug 2025registered
Feb 2028target completion
Declared cost₹3.71 CrScale1 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

NEWWYORK CITY PHASE - 4

HIGHWAY INFRASTRUCTURE LIMITED

Aug 2025registered
Dec 2027target completion
Declared cost₹26.59 CrScale3 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.